Each of a sample of 184 residents selected from a small town is asked how much money he or she spent last week on state lottery tickets. 100 of the residents responded with $0. The mean expenditure for the remaining residents was $20. The largest expenditure was $228. What is the mode of the data? What is the median of the data? What is the mean of the 184 data points?
In: Statistics and Probability
Social Work
1. Is there a duty of Social Workers to work at the political level to make changes? What are the duties of voters to promote political change to address the promotion of human rights, social justice, economic equality and diversity?
2. what is the best method to gather many people in a small town to become more educated on issues that minorities struggle with daily?
In: Psychology
You are a business consultant in a remote and isolated small town. Two customers, a dentist and a portrait artist, came to you to ask for advice. They are considering to raise the price of their service to increase revenue. Write a short report for each of them using your economic training. How would your report be different if all these happened in the context of a great metropolitan area?
In: Economics
Suppose the demand for pizza in a small isolated town is p = 20 - 2Q. There are only two firms, A and B. Each has a cost function TC = 4 + 4Q.
In: Economics
Suppose chipotle has a perfect substitutes and production function, McDonald's has a near perfect complements production function, and Pizza Hut has a Cobb-Douglas production function. The town passes a law to increase the minimum wage in the city to $15. Which one of these firms will see a large substitution out of labor (as percent of initial labor)? Explain your answer
In: Economics
In: Civil Engineering
Consider the following contingency table, which you will use to
conduct a χ2 (Chi2) test.
Here is fake data for the purposes of this problem - let's say this is data from a random sample of 30 year olds, asking about school achievements and pre-K participation.
| Public Pre-K (Headstart, etc.) | Private Pre-K | No Pre-K | TOTAL | |
| Did Not Graduate from High School | 25 | 50 | 25 | 100 |
| Graduated from High School | 75 | 150 | 25 | 250 |
| TOTAL | 100 | 200 | 50 | 350 |
A. What is your alternative hypothesis? (4 pts)
B. What are the degrees of freedom for this problem? (2 pts)
C. What is your alpha level for this problem? (2 pts)
D. How many respondents were observed to have
attended public or private pre-K and graduated from high school?
(Round to whole number if necessary). (4
pts)
E. How many respondents were expected to have
attended public or private pre-K and did not graduate from high
school? (Round to whole number if necessary). (4
pts)
F. What is your calculated χ2 (Chi2)
statistic? (Round to two decimal
places). (4 pts)
G. Using the Bognar Chi2 App [Link (Links to an external site.)],
what is the returned alpha level given your χ2 (Chi2) statistic and
your df? (2 pts)
H. What decision do you make about the alternative hypothesis?
Explain why. (2 pts)
I. Report your final results in a full sentence (as exemplified on
your worksheets from class). (4 pts)
J. Based on the results of this test alone, can we say that pre-K
participation CAUSES improvements in high school graduation rates?
Why or why not? Explain.
In: Statistics and Probability
In: Economics
The combined SAT scores for the students at a local high school are normally distributed with a mean of 1521 and a standard deviation of 298. The local college includes a minimum score of 1044 in its admission requirements. What percentage of students from this school earn scores that fail to satisfy the admission requirement?
In: Statistics and Probability
As CEO of Avani International, Hetman headed the growth of a corporate giant. At its peak, Avani was gobbling up 200 companies a year. Under his leadership, the value of Avani increased 70-fold. In 2011, Hetman proclaimed his desire to be remembered as the world greatest business executive. Things turn sour when Hetman and his former chief financial officer were accused of running criminal enterprise within Avani. The two were charged stealing $170 million directly from the company and pocketing an additional $450 million through manipulated sales of stock. Hetman’s action has almost destroyed the company where he worked for 25 years. In 2012 alone the value of the company’s stock dropped $90 billion. Hetman spent his early years in humble circumstances. He grew up in the 1960’s in Jackson, Alabama. He said he was the son of a cop. It was only after he was accused did it come out that his father was never a police officer in Jackson or anywhere else. However, his mother did work for the Jackson Police Department as a school crossing guard. His father, in actuality, was a wheeler-dealer who was a practiced deceiver and an effective persuader. He had a strong personality but for the most part kept his misdeeds to little white lies. Friends remember Hetman as an easygoing kid who did well in school without trying very hard. He was elected “class politician” by high school graduating class. He went on to Samford, paying his way to college by playing guitar in a band. He served in Bangkok held a few accounting job, and eventually joined Avani in 1980s. Over the course of the 1990s, Hetman’s happy-go-lucky character disappeared. As he climbed the ladder at Avani, he became a corporate tough guy, both respected and feared. He eventually became CEO in 2001 and administered the rapid expansion of the company. Meanwhile, Hetman learned to live big. He had a $18 million apartment in Los Angeles, a $35 million mansion in Georgia, and a $20 million yacht. He spent $25 million on art for his luxury homes. He took extravagance to the extreme, for instance, spending $5, 000 on a shower curtain. The more he made, the more he spent, and the more he allegedly stole. Although his total compensation was $160 million in 2008, it wasn’t enough. He manipulated the company’s relocation fund and Employee Loan Program to take hundreds of millions in interest-free funds. In 2010 for instance, he gave his wife $1.5 million to start a restaurant, spent $2 million on birthday party in the Hawaii Island for his wife, and gave away $50 million in corporate funds to make humanitarian contributions in his own name.
1- Which motivation theory do you think best explains Hetman’s behaviour and work performance? Justify your answer.
- Discuss two (2) factors present in the case study that most likely influence Hetman’s perception of achievement
. - Discuss what Avani International should do if symptoms of groupthink exist in the company.
please i need some extra line to answer these questions. each contain 15 marks
In: Operations Management